Iolani Palms #304

(Punchbowl)

1 / 6

Asking price

$500,000

Living

908 sf

Baths

2

Beds

2

Address: 512 Iolani Ave
Call Sunny (808) 753-8293 or use contact form.

Sunny Bak

Director, International Relations (RA)
RS-66462

Mobile: (808) 753-8293
Email: Sunny@HawaiiLiving.com


About Iolani Palms
Despite being only 6 floors, the Iolani Palms has figured out the secret to maximizing the landscape – and you can reap the rewards.

Along with the height of the land it occupies close to Punchbowl's side, the residences are raised further with the parking garage below as the base level(s). Due to these factors, ocean views start as low as the 3rd floor and only get better as you climb.

There are a variety of floor plans, surprising in a place with just 31 units. They include 2BR/2BA (905, 908, 910 or 927 sq ft), 3BR/2BA (1035, 1080 or 1260 sq ft), 3BR/2.5BA (1120 sq ft) and 3BR/3BA (1470 sq ft).

Lanais tend to be smaller, most 50 to 66 sq ft in size. From those, as well as your large windows, you can see the cityscape of Honolulu, the ocean and even the s  ....click here to read more
Description

Contractor special, Developer special and a knowledgeable builder including a real estate investor. Total remodeling needed. There are no interior walls, no appliances, no flooring - nothing. Need new electrical wiring and new plumbing and fixtures.

Recently Sold
(Iolani Palms)
  • #203: 910 sf @ $535K (8/3/18)
  • #505: 927 sf @ $558K (12/30/17)
  • #503: 910 sf @ $593K (9/20/16)
More Details
  • HOA Fees / Interior Sf: $0.66
  • Price / Interior Sf: $551
  • HOA Fees Include: Sewer, Water
  • Sold Furnished: No
  • Owner, Tax & Resale History: Click here
  • MLS: 201817992
  • Punchbowl Condos Median Listing Price: $385K
  • Punchbowl Condos Median Interior: 694 sf
  • Occupancy Type: Vacant
  • Elementary School: Royal
  • Middle School: Central
  • High School: Roosevelt
  • View: City
  • Zoning: 12 - A-2 Medium Density Apartme
  • Flood Zone: Zone X
  • Owner Occupancy: 73%
  • Management Company: Alii Ohana Property Management
  • Security Features: Card, Key
  • Amenities: BBQ, Pool
  • TMK: 1-2-2-4-23-11
  • Tax Assessed Land: $90,500
  • Tax Assessed Improvements: $435,800
  • Tax Assessed Total: $526,300
  • Special Sales Terms: None
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 18, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: Ideal Properties, Inc.

About Iolani Palms
Despite being only 6 floors, the Iolani Palms has figured out the secret to maximizing the landscape – and you can reap the rewards.

Along with the height of the land it occupies close to Punchbowl's side, the residences are raised further with the parking garage below as the base level(s). Due to these factors, ocean views start as low as the 3rd floor and only get better as you climb.

There are a variety of floor plans, surprising in a place with just 31 units. They include 2BR/2BA (905, 908, 910 or 927 sq ft), 3BR/2BA (1035, 1080 or 1260 sq ft), 3BR/2.5BA (1120 sq ft) and 3BR/3BA (1470 sq ft).

Lanais tend to be smaller, most 50 to 66 sq ft in size. From those, as well as your large windows, you can see the cityscape of Honolulu, the ocean and even the s  ....click here to read more
Other Punchbowl Condos
Maunaihi Terrace #605
2 Bd | 1Ba |  671 sf
Emerson Court #210
2 Bd | 1Ba |  796 sf
Royal Vista #702B
2 Bd | 2Ba |  1,179 sf
Crown Thurston #1105
2 Bd | 1Ba |  662 sf
Sold(8/3/18)
$535,000
Iolani Palms #203
2 Bd | 2 Ba |  910 sf
Sold(12/30/17)
$558,000
Iolani Palms #505
2 Bd | 2 Ba |  927 sf
Ocean view
Sold(9/20/16)
$593,000
Iolani Palms #503
2 Bd | 2 Ba |  910 sf
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on August 18, 2018. Information is deemed reliable but not guaranteed. Listing Courtesy: Ideal Properties, Inc.
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You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
If an owner claims the home exemption - the owner's primary residence - the tax rate is 0.35% of total assessed value. If an owner can not claim the home exemption - not the owner's primary residence - the tax rate is two tiered: 0.45% up to an assessed value of $1,000,000 and 0.9% of the assessed value above $1,000,000. Learn details about Oahu property taxes here.
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